3 steps to getting what you want in a negotiation | The Way We Work, a TED series

441,758 views

2021-11-15 ・ TED


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3 steps to getting what you want in a negotiation | The Way We Work, a TED series

441,758 views ・ 2021-11-15

TED


Please double-click on the English subtitles below to play the video.

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Transcriber:
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When we think about negotiations, we think about being tough.
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We charge in like it's a battle,
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brandishing our influence and our power moves.
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But a negotiation doesn't have to be a fight with winners and losers.
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Think of it more like a dance,
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two or more people moving fluidly in sync.
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[The Way We Work]
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We constantly negotiate at work.
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We negotiate for higher pay, promotions, vacations and even greater autonomy.
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In fact, every day we negotiate just to get our job done
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and to secure resources for ourselves and our teams.
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And yet when we go in with the wrong mindset,
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with a fist up ready to fight,
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we aren't as successful.
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You know why? Because negotiation is not about dominating.
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It's about crafting a relationship.
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And relationships thrive when we find ways to give and to take
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and move together in unison.
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And to do that, you have to be well prepared.
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First, do your research.
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Figure out whether what you're asking for is realistic.
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What is your aspiration?
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What do you want, and what will make you walk away from the table?
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This might seem obvious, but too many people don’t think it through.
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Let's say you're negotiating for a salary in a new job.
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Some people, they determine they ask based on their past salary.
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That isn't a good yardstick.
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You may end up asking for too much or too little.
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Instead, find out the range of what is possible.
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Look at industrial reports, websites.
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Talk to people in your professional network
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to find out the lowest, average and the highest salary
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for a similar role,
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and then make your ask closer to that upper limit.
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Build a solid rationale for why you are above average
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and thus deserving of that ask.
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Let's say you're negotiating for something less black and white,
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like the ability to work from home to care for an aging parent.
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You need to study your company's policies on remote work.
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Ask yourself when and why were these policies developed
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in the first place?
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Talk to trusted mentors to understand how working from home might affect issues
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that aren't on your radar.
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And think about how changing to working from home
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might actually affect others in your team.
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In fact, make a table summarizing the parts of your job
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that can be done remotely
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and the parts that require face-to-face interaction.
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This may sound like a lot to do,
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but when the person you're negotiating with
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sees that you've done all this homework,
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you're more likely to get that "yes."
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It also helps you avoid being lied to while building the person's respect.
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Second, prepare mentally for the negotiation.
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Asking for things can get emotional.
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There are real and complex feelings at play:
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fear, anxiety, anger, even hurt.
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It's essential to have strategies in place to manage those feelings.
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One strategy is to adopt a mindset of defensive pessimism.
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That just means that you accept
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obstacles and failures are likely in a negotiation.
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So it's better to put your energy in imagining
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the ways to overcome those obstacles.
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That way, you’re ready to respond when you face it.
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Another strategy is emotional distancing.
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That is the idea of being less attached to any specific outcome.
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I know it's easier said than done.
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We all feel emotions like anger and hurt
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when our core identities are being threatened.
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When your manager may be challenging a truth that you hold dear about yourself,
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like you’re a hard worker and you deserve this,
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try and avoid thinking of negotiations as the ultimate test of your worth.
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Go in knowing that your request might be met, that it might be denied,
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and that none of this is a measure of your worth.
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Also know that if you feel yourself getting upset, hurt during a negotiation,
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it's OK to step back.
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You can leave the dance floor and move up to the balcony.
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Just say, "Let me think about this a little more.
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Could we press pause and continue this tomorrow?"
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The third and the final way you can prepare for negotiations
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is by putting yourself in the other person's shoes.
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Taking the time to anticipate the other's needs and challenges.
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What pressures may they be under?
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What risks would they be taking?
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Do they even have the power to give you what you're asking for?
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What ripple effects might a "yes" mean?
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When you make that request,
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look to balance assertiveness about your own needs
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with a concern for the other.
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As you lay out your case, use phrases like,
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“I’m asking for this because I know it’s good for my team.
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That I want to achieve X and Y goals, and I know this is what will enable it.”
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Arguments like that show that you are ambitious,
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you know what you want, but you also care for others.
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So many of our negotiation missteps,
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they don't actually come from disagreements
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but misunderstanding the other person.
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So it's important to listen well, to ask why and why not?
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And you will surely find unexpected opportunities
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for win-win solutions.
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